Volvo in June announced plans to cut 2,000 of its 24,300 workers but now is adding another 4,000 as conditions worsen. Volvo’s U.S. sales in September plunged 49.8% vs. year-ago to 4,054 units, Ward’s data shows.

“The unstable economic environment has resulted in a very unpredictable economic situation, and the downturn in the global car industry is more drastic than expected,” Volvo CEO Stephen Odell says in a statement.

The cuts, which are part of a strategy to reduce expenses by $562 million, include the elimination of 4,800 employees in Sweden and overseas, as well as 1,200 consultants, the auto maker says.